×

Archive Europe: Economy

  • LONDON, June 22- Sterling traded slightly below $1.27 on Thursday, investors treading water after a split at the Bank of England over monetary policy added further uncertainty to the outlook for Britain's economy as it leaves the European Union. Governor Mark Carney in a speech on Tuesday said it was not the right time to raise interest rates, while the Bank's...

  • LONDON, June 22- Sterling traded slightly below $1.27 on Thursday, investors treading water after a split at the Bank of England over monetary policy added further uncertainty to the outlook for Britain's economy as it leaves the European Union. Governor Mark Carney in a speech on Tuesday said it was not the right time to raise interest rates, while the Bank's...

  • LONDON, June 22- Sterling traded slightly below $1.27 on Thursday, investors treading water after a split at the Bank of England over monetary policy added further uncertainty to the outlook for Britain's economy as it leaves the European Union. Governor Mark Carney in a speech on Tuesday said it was not the right time to raise interest rates, while the Bank's...

  • *Inflation gauge nears 1.50 pct for first time this year. LONDON, June 22- Many euro zone government bond yields were close to multi-month lows on Thursday as falling oil prices added to concerns about inflation and whether the European Central Bank would be able to tighten policy any time soon. "It's not good news for the ECB and it maybe reinforces expectations...

  • The U.K. cannot hope to retain its financial passporting benefits if it pursues a hard Brexit, says European Commission vice president Valdis Dombrovskis.

  • Health care stocks led the market higher, continuing their strong recent run, after the Senate released its proposal to revamp how Americans get medical care. Benchmark U.S. crude rose 28 cents, or 0.7 percent, to $42.81 per barrel. Brent crude, the international standard, added 45 cents, or 1 percent, to $45.27.

  • Greek economy is recovering: EC’s Dombrovskis

    European Commission Vice-President Valdis Dombrovskis talks about the economic future of Greece and whether the country’s lasting problems are still a threat to the euro zone.

  • **LONDON- Kristin Forbes, an external member of the Bank's Monetary Policy Committee, gives speech at the London Business School- 1800 GMT. **LONDON- Chris Salmon, Executive Director, Markets, Bank of England, gives opening remarks at the City Mental Health Alliance Graduate Wellbeing in the City event- 1200 GMT. WASHINGTON- Federal Reserve Board Governor Jerome...

  • **LONDON- Kristin Forbes, an external member of the Bank's Monetary Policy Committee, gives speech at the London Business School- 1800 GMT. **LONDON- Chris Salmon, Executive Director, Markets, Bank of England, gives opening remarks at the City Mental Health Alliance Graduate Wellbeing in the City event- 1200 GMT. WASHINGTON- Federal Reserve Board Governor Jerome...

  • LONDON, June 21- Sterling rebounded from a two-month low on Wednesday, briefly trading back above $1.27, after Bank of England Chief Economist Andy Haldane signalled he would weigh in behind a rise in interest rates in the second half of this year. But it reversed those falls as the chief economist's speech was published, trading up as much as 0.6 percent on the day...

  • LONDON, June 21- The Bank of England moved closer to ending its decade-long emergency support for Britain's economy on Wednesday when its chief economist, Andy Haldane, said he was likely to vote for an interest rate hike this year. The surprisingly hawkish tone of Haldane in a speech added new uncertainty about monetary policy at a time when Prime Minister...

  • Boris Becker, coach of Serbia's Novak Djokovic on centre court before the resumption of his match against USA's Sam Querrey.

    Boris Becker has been declared bankrupt by a British court after he failed to pay a long-standing debt.

  • A

    Our live blog tracked market reactions as U.S. existing home sales data was released.

  • LONDON, June 21- Sterling rebounded from a two-month low on Wednesday to trade back above $1.27, after Bank of England Chief Economist Andy Haldane signalled he would weigh in behind a rise in interest rates in the second half of this year. The pound had earlier sunk beneath $1.26 for the first time since mid-April as investors worried about Prime Minister...

  • Deputy Crown Prince of Saudi Arabia Mohammad bin Salman Al Saud

    Traders were assessing on Wednesday the potential impact upon the oil price of the leadership change within Saudi Arabia's ruling family.

  • LONDON, June 21- The pound jumped on Wednesday after a Bank of England policymaker said he expected to back an interest rate hike this year while commodity-linked currencies such as the Canadian dollar and Norwegian crown took a hit on declining oil prices. BoE chief economist Andy Haldane said he was likely to back an increase in interest rates in the second...

  • He cites global economy, UK resilience to Brexit vote. LONDON, June 21- The Bank of England's chief economist, Andy Haldane, said he would likely vote for a rate hike later this year, striking a more hawkish tone than BoE Governor Mark Carney and adding to signs of a split at the central bank. Haldane said he was likely to switch to supporting UK's first rate hike in a...

  • Three founder-CEOs of Israeli blockchain startups explain their often rather grand visions for the future of their companies.

  • Daimler CEO Dieter Zetsche

    The approval ratings of chief executives at major companies around the world have been released today.

  • *Thomson Reuters/ INSEAD Asian Q2 sentiment index 74 vs 70 Q1. SHANGHAI, June 21- Business confidence in Asia rose to a three-year-high in the second quarter of the year, propelled by a slew of favourable economic data across the region and easing concerns over the health of China's economy, a Thomson Reuters/ INSEAD survey showed. The Thomson Reuters/ INSEAD Asian...

Contact Europe: Economy

  • CNBC NEWSLETTERS

    Get the best of CNBC in your inbox

    Please choose a subscription

    Please enter a valid email address
    Get these newsletters delivered to your inbox, and more info about about our products and service. Privacy Policy.